Air Cargo

Air Cargo

News & Analysis

28 Sep 2020
The scale of peak season demand for air cargo on the trades out of Asia is becoming clearer, and has forwarders scrambling to lock in capacity.
09 Sep 2011
Mercury Air Group said its purchase of 50 percent stake in Trans Asia Charters for an undisclosed sum will allow the companies to grow their shares in the Asia-South America charter market.
09 Sep 2011
Lufthansa Cargo carried 3.6 percent less freight in August than a year ago, confirming the downturn in the global market that cut traffic at its
08 Sep 2011
The Drewry Air Freight Price Index for rates out of Asia fell 9.3 percent in July from the month before to its lowest level since February as the market felt the impact of weak demand and plentiful c
08 Sep 2011
Candidates for top office in the Teamsters union battled over the fate of multiemployer pension plans, jobs and organizing and concessions to employers Sept.
08 Sep 2011
The terrorists attacks of September 11 forced the U.S. government to take a closer look at not only the security risks facing their airspace, but at its ports, railroads and highways as well.
08 Sep 2011
Lufthansa Cargo Charter boosted its presence in North America by signing an agreement with Airline Network Services, a U.S.-based general sales agent, to cover the Canadian market.
08 Sep 2011
FedEx is mulling buying up to 50 widebody freighters from Boeing and Airbus to update its aging fleet, according to a report by Bloomberg.
07 Sep 2011
China will need 5,000 new commercial planes valued at $600 billion by 2030 as the country becomes the second-largest aircraft market after the U.S., aircraft manufacturer Boeing said Wednesday.
07 Sep 2011
Wall Street research firm Wolfe Trahan Group is reducing its estimates for transportation earnings per share as economic headwinds gain strength.
07 Sep 2011
The July figures from the Labor Department included 551,000 job openings in trade, transportation and utilities industries, a 33 percent increase from a year ago.
07 Sep 2011
Air France-KLM’s cargo traffic fell 0.2 percent in August, as gains on Americas services were outweighed by lower volume on Asia-Pacific routes.
06 Sep 2011
Sen.
06 Sep 2011
U.S.
06 Sep 2011
The Cass Freight Index for U.S. shipments grew 4.4 percent in August over the same month a year ago, the smallest gain in a year-and-a-half and a sign of fragile demand in the American economy.
06 Sep 2011
Air France-KLM is launching a new round of cost cuts, including a hiring freeze and deeper capacity reductions, as the European airline group moves to preserve profitability amid deteriorating conditi
06 Sep 2011
Air cargo is losing market share to container shipping as high air rates and falling ocean freight rates widen the price gap between the two transport modes, said International Air Transportation Asso
05 Sep 2011
FedEx Express, in a significant expansion of its Asia operations, opened its largest express facility in China.
05 Sep 2011
Kuehne + Nagel will acquire J. van de Put Fresh Cargo Handling of Amsterdam, a Dutch handling agent for perishable goods.
05 Sep 2011
Merck will use UPS Supply Chain Solutions to manage its worldwide health care supply chain.
05 Sep 2011
 United Airlines Cargo will unveil a new lineup of offerings for pharmaceuticals and other temperature-controlled cargoes on Sept. 20.
02 Sep 2011
UTi Worlwide improved its net profit 22 percent in the fiscal second quarter ending July 31 to $22.9 million as improving yield on shipments helped offset what the logistics company called a “sl
02 Sep 2011
The shareholders of Express-1 Expedited Solutions approved a $150 million private equity investment and a change in management and name for the company.
02 Sep 2011
Boeing on Sept. 19 will deliver to all-cargo carrier Cargolux the first of its 747-8 freighters, which the manufacturer believes will be the anchor for future international cargo transport.
02 Sep 2011
The international air cargo market is stagnating, with traffic shrinking 0.4 percent in July from a year ago and capacity far outstripping demand, said the International Air Transport Association.
01 Sep 2011
Damco, the combined logistics brand of A.P. Moller-Maersk, launched an online calculator enabling shipper to track the carbon dioxide emissions for products shipped by ocean and air.
31 Aug 2011
Aeroports de Paris expanded first half net profit by almost 31 percent to $259 million, but the French airport operator said upheavals in North Africa and an asset sale will cut into earnings the rest
29 Aug 2011
Purolator International, moving to double its footprint in the United States, said it plans to open three more branch offices in the U.S. this year after opening seven facilities since January.
29 Aug 2011
Freight tonnage at Los Angeles International declined for the fourth straight month in July, falling 7.3 percent in an accelerating slump in cargo business at North America’s largest Pacific air
26 Aug 2011
U.S.
25 Aug 2011
UPS added 100 all-electric delivery vehicles for deployment in California, bolstering its fleet of more than 2,200 alternative fuel vehicles and tripling its electric transport fleet.
25 Aug 2011
The operating company that runs Singapore Changi Airport says it earned a $278 million profit in the fiscal year ending in March, helped by a 13 percent gain in revenue that was pumped up by a growing
25 Aug 2011
Toll Group’s net profit in the fiscal year June 30 rose 1 percent year-over-year to $281 million, as the Australia-based logistics firm was hurt by an economic slowdown in its home country, part
25 Aug 2011
Freight traffic for Asia-Pacific airlines fell for the fourth straight month in July, a 4 percent decline that has air carriers viewing the rest of 2011 with growing pessimism.
24 Aug 2011
Semiconductor sales in the first half of 2011 grew 3.7 percent from the same period a year ago, although sales dipped 1.5 percent between May and June, said Semiconductor Industry Association.
24 Aug 2011
An improved market and extra capacity boosted Qantas Freight’s earnings before interest and taxes by 48 percent year-over-year to $62 million in the financial year ending June 30.